XTP

Gates Sets New Performance Standards With Latest Hydraulic Hose Solution - MegaSys MXG 5K

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Thursday, October 14, 2021
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DENVER, Oct. 14, 2021 /PRNewswire/ -- Gates (NYSE: GTES), a leading global provider of application-specific fluid power and power transmission solutions, today introduced its latest breakthrough hydraulic hose, MegaSys™ MXG™ 5K, which is lighter, more flexible and more durable than a typical 5000 psi (350 bar) hydraulic hose.

Key Points: 
  • A product of Gates' pioneering materials science and process engineering innovations, MXG 5K offers wire spiral performance in a flexible, lightweight, innovative, high-pressure hydraulic hose using Gates patented Xpiral woven spiral technology a breakthrough construction that exceeds all industry standards and most published competitive hose performance in terms of both pressure and impulse life.
  • MXG 5K sets a new standard for hydraulic hose," said Mike Haen, vice president, industrial global product line management.
  • Available globally, experience unparalleled performance with MXG 5K, wherever Gates hydraulic products are sold.
  • Combine Gates MegaSys MXT, MXT-XTP, MXG 4K, MXG 5K and Multi Master GMV MegaFlex as a full portfolio to improve weight, flexibility and performance across applications.

ION acquires Clarus Financial Technology

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Friday, September 10, 2021

LONDON, Sept. 10, 2021 /PRNewswire-PRWeb/ --ION Markets, a leading global provider of trading, analytics, and risk management solutions for capital markets, announces the acquisition of Clarus Financial Technology ('Clarus'), a provider of SaaS analytics, data, and research for global derivatives markets.

Key Points: 
  • LONDON, Sept. 10, 2021 /PRNewswire-PRWeb/ --ION Markets, a leading global provider of trading, analytics, and risk management solutions for capital markets, announces the acquisition of Clarus Financial Technology ('Clarus'), a provider of SaaS analytics, data, and research for global derivatives markets.
  • As part of ION Markets, Clarus will offer its SaaS analytics products for real-time margin and risk management of both cleared and uncleared OTC derivatives.
  • Clarus Financial Technology provides cloud-based risk analytics and data services to companies engaged in bilateral and cleared OTC Derivatives trading activity.
  • Swap Dealers, Clearing Members and clients use Clarus Financial Technology to perform 'what-if' margin calculations, optimise their cleared and bilateral portfolios, attribute margin, perform CCP default management obligations, and understand their IBOR transition impact.

Gates Launches MXT with XtraTuff Plus Cover to Expand MEGASys Hydraulics Lineup

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Tuesday, April 27, 2021
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b'DENVER, April 27, 2021 /PRNewswire/ --Gates (NYSE: GTES), a leading global provider of application-specific fluid power and power transmission solutions, introduces MEGASys MXT with XtraTuff Plus cover (MXT-XTP), a universally applicable hydraulic hose, featuring Gates\' patent-pending wire-braid technology.

Key Points: 
  • b'DENVER, April 27, 2021 /PRNewswire/ --Gates (NYSE: GTES), a leading global provider of application-specific fluid power and power transmission solutions, introduces MEGASys MXT with XtraTuff Plus cover (MXT-XTP), a universally applicable hydraulic hose, featuring Gates\' patent-pending wire-braid technology.
  • "MXT-XTP maintains the advantageous performance of our popular MXT hose line with the field-proven XtraTuff Plus cover.
  • We continue to revitalize our premium MEGASys hydraulics portfolio by providing solutions for our customers\' most challenging applications.
  • Gates has enhanced the MXT hose with the optional XTP cover, maintaining MXT hose performance while adding 25 times the abrasion resistance and enhanced ozone resistance, as validated by a rigorous 800-hour ozone exposure test.